About your Search

20121202
20121202
STATION
KGO (ABC) 3
CNNW 2
FBC 2
MSNBCW 2
KPIX (CBS) 1
LANGUAGE
English 14
Search Results 0 to 13 of about 14 (some duplicates have been removed)
by what the president is saying. th is the fit gammons and certainly not a serious offer. >> mitch mcconnell laughed out loud on camera at the plant. what do you make of that? >> he had every reason to. let's look at this plan for what it is. a massive tax hike. instead of offering tax hikes, which is something that republicans have been mandated, he wants more spending and he's not giving us any entitlement savings and on top of that, like you mentioned, he has no limit on his authority. so he's spending just as he has over the past four years into oblivion. gerri: so there i no debt ceiling. he has a checkbook, he can use it anyway that he wants to. that is shocking and astonishing to many folks. there is also this. the esident has talked over and over again about a balanced approach. everybody has to give up something. everybody gets a little something. so he proposes $1.6 in tax hikes. only 400 billion in cuts. in what way is this balance? >> i think this has been a mistake the republicans have made. i do not believe that we have a revenue problem. in the long run, we have a sp
on the hill and saying this is basically the white house position has been -- mitch mcconnell saying i think it was just demeaning for them to ask the treasury secretary to come up here and give a proposal like this and by this we have people saying it's a sham, it's -- you know, ridiculous, it's a nonstarter. when you went up there, you didn't think republicans were going to go "good idea." >> you know, what we're trying to do is get these guys to come together and reach an agreement that's going to be good for the country and good for the economy. >> by these guys you mean you all and the republicans. >> and democrats together. >> and the white house. >> that's what we're trying to do. what we did was put forward a very comprehensive, very carefully designed mix of savings and tax reforms to help us put us back on the path to stabilizing our debt and fixing our debt and living within our means. we've been very detailed about how to do that, both on the spending side and revenue side, and we think this is a good plan for the country, and it does the most important thing, which is it gives 9
it has to be to meet their revenue goals. contrary to what mitch mcconnell and john boehner said since he was up on the hill with timothy geithner. mr. mcconnell laughed at the geithner proposal. he said it was a serious proposal. he might be the only one outside of this precinct who believes that and geithner insists if the gop wants entitlement reform, reform to social security and medicare and medicaid and many of those things were on the table in that failed grand bargaining of a year and a half ago, geithner, the president, all administration officials insist, it's the republicans who have going to have to show a little ankle and insist on what they want. make it clear what they want in terms of those reforms, if they want them to be on the table. the administration is not going to go first, they say they've already spelled out what they want in terms of raising taxesnd revenue. we don't apleer to be closer to a deal 29 days out. craig? >> republicans are going to have to show a little more ankle. i'll be using that. mike viquiera, from 1600 pennsylvania, thank you, good sir. so will
mitch mcconnell as well to put medicare and social security on the table to try and the budget crisis we're talking about. mcconnell telling the "wall street journal" that those are the kind of things that would get republicans interested in new revenue. maybe bipartisan. john fund, a columnist for the "national review magazine." good morning. >> good morning. >> jamie: great to have you here this morning. >> thanks. >> jamie: we have less than a month left as we have been talking about went're now in december for the fiscal cliff. what truly is on the table where both democrats and republicans are concerned? do you see anything they agree on? >> we have four weeks to go and so far there is not very much. remember, president obama said in the campaign he favored a balanced approach to getting over the fiscal cliff. balanced normally means about 50/50. 50% spending restraint. 50% revenue enhancement. but the president's proposal is apparently something like 80% tax increases. 20% spending restraint. unspecified. unspecified means it won't ever happen. >> jamie: what do you expect to happe
, that of course, because there's so much at stake. >> schieffer: in all seriousness, i'm told mitch mcconnell laughed when you handed in this proposal. is that true? >> they're in a hard position, bob. they really are in a difficult position. and they're going to have to figure out their politics of what they do next and they're trying to figure that out right now. we're going to work very hard at this and we're going to keep talking to each other. and, again, i think we have a very good chance for coming together on an agreement that not just protects 98% of americans from a tax increase and protects the economy from deeply damaging upfront spending cuts and protects the med from leaving us vulnerable to, you know, periodic threats of defaults by politicians, i think we can do better than that and do something good for the long-term future of the american economy. >> schieffer: did you think democrats will support these tax increases? >> the tax increases in the president's plan? oh, yeah, absolutely. again, again, if you listen carefully to the political debate, there's very broad-based sup
. treasury secretary geithner when he went up to capitol hill, mitch mcconnell laughed when they got the offer from geithner. house speaker boehner said that the talks are at a stalemate. democrats said they're not going to make another move until republicans say they're going to go for an increase in tax rates. so, this is stalemate right now. now, these things always look horrible when they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> if we go over the fiscal cliff, voters will likely blame the republicans for that. is is that true sf. >> all of the polls show that right now. we know that the tax hikes go up. ben bernanke, the fed chairman, fears that it will throw the country into a recession. they have to be careful here as well. but democrats and the president clearly believe that they have the leverage to force an increase in these tax rates on the upper income americans before they agree to a deal. >> we'll all be watching the stock market as well. >>> the president also concentrating on recasting his
hill, on thursday, the senate republican leader mitch mcconnell laughed when he got the offer from tim geithner. they think it's an offer that doesn't show any rules towards compromise. house speaker john boehner said that the talks are at a stalemate. there seems to be a huge divide. democrats said they're not going to make another move until republicans clearly say they're going to go for an increase in tax rates. republicans aren't prepared to make a move. unless the democrats are able to give up greater savings in medicare. so, this is stalemate right now. now, these things always look horrible before they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> and democrats seem to be thinking that, if we go over the fiscal cliff, voters will likely blame the republicans for that. do you think that's true? or are democrats overplaying their hands? >> all of the polls show that right now. no one know was the consequences will really be if we go over that fiscal cliff. we know that the tax hikes go up. some estimates
the beginnings of a counteroffer from mitch mcconnell. he offered three things. he said that he's gradual increase in the eligibility age for medicare. some adjustments to social security cola. i believe those are all nonstarters to you and the progressive caucus. >> those would be a problem because raising rates and increasing eligibility age is going to hurt people across income scales. particularly low income seniors and people like that. that wouldn't work for us. >> the president has been open to some of that before. >> here's the deal, the people of the united states believe that medicare is an important program. they don't want to see beneficiaries cut. if we find cuts that don't result in cuts to beneficiaries that's one thing. but we're not going to go after seeing the president win this election, we won the white house, turn right around and undermine the people who helped put us there. >> you know, it is interesting. the older voters did vote republican and medicare was out there. i mean, paul ryan budget was there. and the older voters went for governor romney. >> remember,, h
plan to him on thursday he said, "you can't be serious" and mitch mcconnell, the republican leader, said he burst into laughter. >> chris, they are in kind of a tough position now. it's obviously a little hard for them now and they are trying to figure out where they go next. we might need to give them a little bit of time to figure out where they go next. but what we did, we laid out a very detailed, carefully-designed set of spending, savings and tax changes to help put us back on a path of fiscal responsibility, to prevent taxes from going up for 98% of investments and provide some investment for things we need liken fraught structure. we think that's what is good for the economy. if they have different suggestions and want to go further in some areas, they should lay it out to us. >> you say they are in a hard spot, what do you mean? >> they are trying to figure out how to find a way to support things that they know they are going to have to do that will be very hard for them. you've heard them for the first time in two decades now acknowledge that they are willing to have reve
or the proposal that he handed to senate minority leader mitch mcconnell and he let out an audible chuckle at the proposal. i'm curious if timothy geithner has the same sense of humor. >> actually we have not only timothy geithner, but john boehner in an exclusive interview at the top of the hour, these are the two point men. boehner representing house republicans and any bill is going to have to get through them and geithner representing the president. you're exactly right. when geithner presented his plan to mcconnell, mcconnell says he burst out laughing and boehner you'll hear at the top of the hour, one of the words he uses is flabbergasted. what they were shocked at not that the president was going to call for more tax increases, he campaigned on that, but he came in with such a small set of spending cuts, about 600 billion dollars total in entitlement cuts and spending cuts and also had a demand that congress would give up any say from now on forever in raising the debt limit, which of course has always been a tool of congress, both democrats and republicans have used to oppose the
on the floor. minority leader mitch mcconnell is aghast at such a ploy claiming he's breaking the rules to change the rules. of course in 2005 when mcconnell was considering the same thing over president bush's judicial nominees, it was minority leader reid's turn to be aghast. therein lies the real issue. the party in power wants the ability to exercise power. but the american people want action. at the table steven spalding, staff counsel for common cause, a group suing the nat to have the filibuster declared unconstitutional. tara wall, dorian warren and lawyer and nbc latino contributor, raul reyes. >> all right, steven, how could it be unconstitutional? >> the constitution does say each chamber can set its own rules. we think the senate should be able to do that with a majority belief. contemporary to popular belief, the 11th amendment was thou shalt need 60 votes to pass a bill. if you go back to the founding, the founders in the federalist papers said they considered a super majority requirement and rejected it. they said to have a super majority requirement could be used by a co
Search Results 0 to 13 of about 14 (some duplicates have been removed)

Terms of Use (10 Mar 2001)